Gold Price in Dubai

Dubai, the City of Gold has always been well known for its gold trade and dealing. Almost all tourists who visit Dubai like to explore the famous gold market called the Deira Gold Souk, in old Dubai. Souk is an Arabic word for Market and, according to estimation, around 10 tons of gold is present all the time in Gold Souk, Dubai for trade. The government of Dubai has outdoor signs in all prominent gold trade markets across Dubai that display live gold rates to ensure transparency in gold trading. Authorities also ensure that goods being traded in the market are of the best quality, and that there is no cheating in terms of purity. Dubai so far is well known for the quality of the gold traded in its markets, and any purchases made in Dubai Gold Souk is definitely genuine. The purity of gold is measured in Carats.

Continue reading »